Venture Global (VG) Research & Development (2024 - 2026)
Venture Global (VG) posted quarterly Research & Development of $46.0 million for Q1 2026, down 74.73% year-over-year from $182.0 million in Q1 2025, and down 11.54% quarter-over-quarter from $52.0 million in Q4 2025.
Venture Global (VG) Research & Development (2024 - 2026) Analysis & Trends
Venture Global (VG) has reported Research & Development for 3 consecutive years, with $46.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 74.73% year-over-year to $46.0 million; the TTM figure through Mar 2026 stood at $208.0 million (down 67.3% YoY), while the FY2025 annual figure was $344.0 million, down 45.83% from the prior year.
- Research & Development eased to $46.0 million in Q1 2026 per VG's latest filing, from $52.0 million in the prior quarter.
- Across five years, Research & Development topped out at $182.0 million in Q1 2025 and bottomed at $46.0 million in Q1 2026.
- Historically, Research & Development has averaged $113.9 million across 3 years, with a median of $124.0 million in 2024.
- Annual changes were most pronounced in 2025 — Research & Development grew 0.55% — and 2026, when it plunged 74.73%.
- Venture Global's Research & Development stood at $124.0 million in 2024, then slumped by 58.06% to $52.0 million in 2025, then fell by 11.54% to $46.0 million in 2026.
- Business Quant data shows VG's Research & Development at $46.0 million in Q1 2026, $52.0 million in Q4 2025, and $53.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | - |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn | - |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | - |
| 4 | Energy Transfer | 72.53 Bn | 71.50 Bn | 7.40 Bn | - |
| 5 | Tc Energy | 66.12 Bn | 58.56 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.19 Bn | 59.16 Bn | 2.73 Bn | - |
| 7 | Oneok | 60.00 Bn | 59.84 Bn | 2.81 Bn | - |
| 8 | Targa Resources | 59.13 Bn | 59.00 Bn | 2.14 Bn | - |
| 9 | Cheniere Energy | 56.04 Bn | 54.79 Bn | 5.29 Bn | - |
| 10 | Venture Global | 34.44 Bn | 31.22 Bn | 2.92 Bn | 23.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.00 Mn |
| Mar 31, 2026 | 46.00 Mn |
| Dec 31, 2025 | 52.00 Mn |
| Sep 30, 2025 | 53.00 Mn |
| Jun 30, 2025 | 57.00 Mn |
| Mar 31, 2025 | 182.00 Mn |
| Dec 31, 2024 | 124.00 Mn |
| Sep 30, 2024 | 156.00 Mn |
| Jun 30, 2024 | 174.00 Mn |
| Mar 31, 2024 | 181.00 Mn |